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't been more aggressive with regards to russia. it's because of their energy dependance on russia. one-third of the national gas coming from russia ironically through ukraine. and you made a very important point there, we know in many cases oligarch has ties to london and that's why the uk, too, may not want to be more active than someone else. i think the eu is going to remain pretty passive here and they will continue to find a peaceful and diplomatic way to solve this crisis. >> certainly something that angela merkel and the germans have been pushing for over the last couple of days. we'll come back to you later in the show. joining us now is benwa ann from societe generale. you were saying yesterday that we need to take a central strategy here particularly where central europe is concerned. has your view changed given what we've heard about the troops in russia right now? >> the situation remains quite volatile. so it's probably too early to make a final call on this, as we discussed earlier the situation is evolving and we are still in much more on the bull markets. but you're rig
of energy based on the idea that we could see sanctions on russia. obviously, we're waiting today for further news on just what action the west is going to take. but right now, we're seeing brent and u.s. crude higher in trade this morning. the dow is down around 0.8%. we've got dollar/ruble trading at five-year highs. i mentioned those actionses and the potential oil impact, gas impact. gazprom one of the key losers for the russian market. we've got a broader impact as far as the russian markets are concerned than what we're seeing in poland, as well. so the real dominating factor is the ukraine. thousands of russian troops are focused in the crimea region following a dramatic weekend in the ukraine. this is a declaration of war by vladimir putin. u.s. secretary of state john kerry condemning russia's actions and will travel to kiev tomorrow for talks with the new ukrainian government. >> president putin is using force in a completely inappropriate manner. fears he's going to lose on the international stage. russia is going to lose. >> steve, it's the one possible benefit of seei
jolt after the bell. the company reported higher sales than expected with energy drinks. monster beverage saw its profits soar by 12% during the three months ending in december. shares in frankfurt are up 1.3%. >> let's give you a look at what's on today's agenda in the united states. as we have been reporting, wall street waiting for that key revision to the fourth quarter gdp numbers. also coming out today, consumer sentiment and pending home sales. on the herbings front, liberty interactive, liberty media and nrg media will be delivering quarterly results. >>> ukraine, a limit on how much cash can come out of its foreign exchange. more on that story right after this. >>> u.s. futures, currently called down. the s&p is currently down 1.4 points. the dow currently called down just under 4 points. the nasdaq currently called down 3 points. >> ukraine central bank has put a temporary limit of $1,500 on currently withdraw of accounts. of course, we have those two airports taken by armed guards controlled by armed guards in yesterday. we've heard from the prime minister this morning
to change the energy pricing system and they said that they were going to cut capacity in some of the more polluting industries, such as cement and steel. all of this is in recognition that something has to be done to clean up the wreckage after growth. >> markets affecting larger parts of china and environmental pollution has become a major problem, which is nature's red light warning against the model of inefficient and blind development. we must strengthen the economic environment and resolve to take forceful measures to complete this challenging task. >> now, we heard the announcements from before and there are many people who are worried about whether or not the government at the end of the day is really going to be willing to sacrifice growth in order to try to push through some of these reforms and address some of on these issues, not only on pollution, but also on debt. in terms of pollution, people are saying that if you really want to shut down a lot of these factory webs you could end up with a lot of workers who don't have any place to go. that is one of the main concerns that
Search Results 0 to 3 of about 4

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